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Ardea BioSciences

Latest Headlines

Latest Headlines

AstraZeneca plots more pipeline deals

Caught with one of the weakest late-stage programs in Big Pharma, promising drugs that can add some excitement and get the analysts to back off are welcome.

AstraZeneca reels in promising PhIII gout drug in $1.26B Ardea buyout

Hounded by a group of critics demanding a better pipeline strategy, AstraZeneca this morning wrapped a deal to buy Ardea Biosciences.

Ardea's Phase II gout drug shows promise

San Diego-based Ardea Biosciences has unveiled promising Phase II results from a trial of its oral gout drug RDEA594. When combined with the standard treatment allopurinol, 89 percent of patients

Ardea shares spike on promising PhIIb gout drug data

Shares of Ardea Biosciences ( RDEA ) surged 23 percent in after-market trading yesterday evening after the developer posted positive data for its dose-ranging, mid-stage trial of its experimental gout

Ardea cuts half its workforce

Just one week after inking a $407 million pact with Bayer--which included a $35 million up-front payment--San Diego-based Ardea Biosciences says it's cutting 47 percent of its workforce. The company

Ardea inks $407M cancer drug pact with Bayer

San Diego-based Ardea Biosciences is pocketing a $35 million upfront payment and stands to earn another $372 million in milestones from a cancer drug development pact that it struck with Bayer

Ardea touts IIa data

San Diego-based Ardea BioSciences is reporting positive results from its Phase IIa proof-of-concept study for an experimental HIV therapy. "RDEA806's robust antiviral potency, combined with its